Category: Energy

Energy, Industries

Oil price outlook: Is this the beginning of a downturn?

February 13, 2018


Oil just posted its worst week in more than two years — WTI lost 9.5% and Brent lost 8.5%. The last time the two oil benchmarks fell by that much in a single week was early 2016 when the oil […]

Energy, Finance Tech, Industries, Trading

U.S. could become world’s biggest oil producer in 2018

January 19, 2018

Via: CNN

The United States could soon be pumping more oil than any country on earth. The International Energy Agency said Friday that “explosive” increases in U.S. oil output would push the country ahead of Saudi Arabia this year and put it […]

Energy, Industries

Oil Briefly Reaches $70 as Buoyant Global Economy Bolsters Demand

January 16, 2018

Via: The New York Times

Tensions in Iran. Cold weather in the United States. A year of production cuts. With 2018 still young, there has been no shortage of reasons oil prices are pushing higher. Prices for Brent crude, the international benchmark, have risen nearly […]

Energy, Industries

U.S. oil companies expected to produce gusher profits — and big gains for investors

January 15, 2018

Via: Market Watch

Oil companies, buoyed by the rising price of crude oil, are set for major profit recoveries over the next two years, which means patient investors could finally make money again in the once-beleaguered sector. The stalling of the oil rally […]

Energy, Finance Tech, Industries, Trading

As oil passes major milestone, here’s what 2018 could hold

December 27, 2017


As 2017 draws to a close, oil is rallying hard as OPEC supply cuts — combined with improving global demand — support the market. Next year, however, is a different story. We see two conflicting views for crude in the […]

Energy, Finance Tech, Industries, Trading, Uncategorized

Oil prices climb as upbeat economic data raise demand expectations

December 11, 2017

Via: Market Watch

Oil prices edged higher Monday as upbeat economic data helped to raise expectations for crude demand, offsetting some pressure from concerns over growing U.S. production. On the New York Mercantile Exchange, January West Texas Intermediate crude CLF8, +0.63% tacked on […]

Energy, Finance Tech, Industries, Trading

US crude oil fails to take out 2017 high as a ‘cruel’ month for energy market begins

November 2, 2017


U.S. crude prices retreated after coming within striking distance of their 2017 high on Wednesday, raising questions about whether a rally that started in June has reached its peak. On the one hand, the trend of future oil prices suggests […]

Energy, Industries

Energy surge sends US consumer prices up 0.5 pct.

October 13, 2017

Via: ABC News

U.S. consumer prices rose 0.5 percent in September, the largest increase in eight months. The result reflects another big jump in energy prices in the aftermath of Hurricane Harvey, which shut Gulf Coast refineries and caused gasoline prices to spike […]

Energy, Finance Tech, Industries, Trading

Oil market bulls are wrong to forecast a pick-up in prices — and here’s why

October 12, 2017


Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue to ignore the “elephant in the room”, a senior economist told CNBC Wednesday. Daniel Lacalle, chief economist and investment officer at Tressis Gestion, said: “The […]

Energy, Industries

Why energy stocks are a great bet

September 29, 2017

Via: Business Insider

Business Insider executive editor Sara Silverstein talks to Sarah Hunt, a portfolio manager at $4 billion firm Alpine Funds, about why she’s bullish on energy stocks. Hunt says there’s been a change in discussions around oil, and says she expects […]